Constantine Metal Resources Ltd V.CEM

RE:RE:CEM Closed for the season?

[krishak]

Cap was drilled initially in the same time frame as Nunatak, and results were positive but not as good as Nunatak so decision was made to focus on the Nunatak prospect. Those early drill assay results were expedited to enable the targets to be prioritised. 

As Flopticalcube noted the 0.17 share price gives no credit to this year's South Wall results which had average grades of Cu, Zn, and Ag that were respectively 13%, 16%, and 36% higher than the inferred resource at Palmer. No credit either to the sizzling potential of the AG zone, where next years drilling should be much better positioned to deliver bonanza results.

But Constantine certainly has the goods, both steak and sizzle, and eventually it's value will show up in its stock price. I made a big mistake with Novo resources, buying a lot in 2012 at an average of $0.75, planning to sit on it until it found the Wits-like gold deposit Bob Moriarty said was in Australia. NVO went nowhere for the next five years, and was selling for $0.81 on July 10 this year. It gained more than 10,000% in the next 3 months hitting $8.74 on Oct 10. I wasn't celebrating, I was regretting that I had sold most of it earlier, because I got tired of waiting for the promise to be realised. With Constantine, at least for another year,  I plan to follow the dictum of the legendary wall street trader Jesse Livermore:

“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this:  It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!” Jesse Livermore.